CLANCY
Open bankruptcySummary
A bankruptcy procedure is open for CLANCY according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2020 annual accounts show equity of €1.55M and a net result of €208k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-08-2021, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€1.55M▲ 15.5%
2019 · €1.34M
2018: €1.14M
2019: €1.34M
2018 → 2020
Total assets
€7.67M▲ 30.8%
2019 · €5.87M
2018: €5.21M
2019: €5.87M
2018 → 2020
Net result
€208k▲ 2.5%
2019 · €203k
2018: €234k
2019: €203k
2018 → 2020
Working capital
€-1.88M▼ 424%
2019 · €-360k
2018: €-511k
2019: €-360k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€1.14M-€1.34M▲ 17.8%€1.55M▲ 15.5%
Operating result€433k-€259k▼ 40.0%€396k▲ 52.7%
Net result€234k-€203k▼ 13.4%€208k▲ 2.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 53% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €7.67M
Fixed assets
€7.26M ▲ 88.5%
Current assets
€419k ▼ 79.3%
Equity and liabilities €7.67M
Equity
€1.55M ▲ 15.5%
Debt
€6.13M ▲ 35.3%
Debt's share of the balance-sheet total rises from 77.2% to 79.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€602k▲
2019 · €415k
Cash flow
€414k▲
2019 · €358k
Current ratio
0.18▼
2019 · 0.85
Debt to equity
2.47▲
2019 · 1.60
ROE
13.4%▼
2019 · 15.1%
ROA
2.7%▼
2019 · 3.5%
Debt ≤ 1 year
€2.30M▼
2019 · €2.38M
Debt > 1 year
€3.82M▲
2019 · €2.14M
Income taxes
€119k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€5.87M€7.67M▲
Fixed assets21/28€3.85M€7.26M▲
Tangible fixed assets22/27€3.57M€4.74M▲
Financial fixed assets28€275k€2.52M▲
Current assets29/58€2.02M€419k▼
Amounts receivable within one year40/41€2.01M€416k▼
Cash at bank and in hand54/58€775€135▼
Equity and liabilities
Total equity and liabilities10/49€5.87M€7.67M▲
Equity10/15€1.34M€1.55M▲
Contributions10/11€19k-
Reserves13€1.10M€1.10M=
Profit (loss) carried forward14€220k€428k▲
Amounts payable17/49€4.53M€6.13M▲
Amounts payable after more than one year17€2.14M€3.82M▲
Amounts payable within one year42/48€2.38M€2.30M▼
Trade debts44€61k€114k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156k€206k▲
Gross operating margin9900€483k€626k▲
Operating profit (loss)9901€259k€396k▲
Recurring financial income75-€2k
Recurring financial charges65€56k€71k▲
Profit (loss) for the period before taxes9903€203k€327k▲
Income taxes67/77-€119k
Profit (loss) for the period9904€203k€208k▲
Profit (loss) for the period to be appropriated9905€203k€208k▲
Timeline · acts, filings and financial milestones
2022
07-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · CLANCY BV VAN LANDE- GHEMSTRAAT 20, 9100 SINT-NIKLAAS · event 31-10-2022
28-10
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial
Weakest financial yearnet €203k ▼13.4%
Net result drops to €203k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
20-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Landeghemstraat 209100 Sint-NiklaasGround area
1,428 m²
Building footprint
315 m²
Volume, LiDAR
2,140 m³
Parcel 46446B1030/00N000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLANCY BVBA
since 19982.085.162.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B1030/00N000 | Flanders | 1,428 m² | 1 · 315 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
31-10-2022 → present |
| Curator | VINCENT VERLAECKT HOUTEN
SCHOEN 54, 9100 SINT-NIKLAAS |
31-10-2022 → present |
| Curator | ADRIAAN DAUWE GROTE MARKT 19, 9200 DENDERMONDE- |
31-10-2022 → present |
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Of 1,280 companies in sector 81100 we hold annual accounts for 677. 393 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-1997
Fiscal year end31-12
Activities, NACEBEL 2025
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.